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Wayne Cherry receives Lifetime Achievement Award at EyesOn Design 2013

Renowned car designer Wayne Cherry was honored with a Lifetime Design Achievement Award at the EyesOn Automotive Design Exhibition at the Edsel and Eleanor Ford House, Michigan. The former GM vice president of design was chosen by a panel of his fellow designers for the honor after a 42-year career with the carmaker, during which he was involved in the design of over 80 concepts and more than 90 production vehicles. Only vehicle designers who have previously won the award are allowed to vote, with this year's panel including Chris Bangle, Walter de'Silva, Tom Gale, Giorgetto Giugiaro, Chuck Jordan, Robert Lutz, Shiro Nakamura, Chuck Pelly, Sergio Pininfarina and Jack Telnack.

Caterham – including Caterham F1 – up for sale for £350 million

Will the Caterham AeroSeven Concept (pictured) be a casualty of Caterham’s impending sale? Caterham’s foray in to F1 hasn’t been much of a success, with not a single point on the F1 board since they arrived in 2010 as Lotus Racing (although Marcus Ericsson was just one place off a point at Monaco yesterday). Now, after warning back in January that he would walk away from F1 if the Caterham team’s performance on track didn’t improve, it looks like Fernandes is ready to walk away from Caterham altogether.

Concept Car of the Week: Dodge M4S PPG Turbo Interceptor (1985)

As a major paint supplier of Detroit's big three, PPG would commission every year a car to be used as a pace car in the Indy Car World Series. In 1984 Chrysler began the development of a mid-engined, rear-wheel drive car using an experimental powertrain. To avoid the costs of creating a whole new chassis, the M4S is based on a modified Huffaker tubular chassis with full roll cage taken from the Pontiac Fiero IMSA race car, only lengthened to a 100-inch wheelbase.